DuPont names CEO for planned performance chemicals spinoff

5:11 PM MST | January 9, 2014 | Lindsay Frost

DuPont announced on 9 January that executive v.p. Mark Vergnano will serve as CEO of its performance chemicals upon completion of the planned spin off of the unit from DuPont. The spin off, which will establish the business as separate publicly traded company, is expected to occur in second-quarter 2015. BC Chong and Thierry Vanlancker will continue to lead the titanium technologies and chemicals, and fluoroproducts businesses, respectively, within the performance chemicals company. The performance chemicals unit posted 2012 sales of $7.2 billion and...